Economics
GM Strike Ripples Across Economy Raising New Recession Fears
- Automaker has already lost more than $1 billion in earnings
- Suppliers laying off thousands of workers who get no pay
Auto Workers (UAW) strike outside the General Motors Co. (GM) plant in Romulus, Michigan, U.S., on Friday, Oct. 4.
Photographer: Brittany Greeson/BloombergThis article is for subscribers only.
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Here in the heart of America’s car industry, car parts have nowhere to go.